Fairfield Arts & Convention Center is a 501(c)(3) organization based in Fairfield, Iowa, registered in 1998, with $1,280,207 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.3M
▼ 17.4% vs prior year
Recreation median: $129K
Expenses (FY2023)
$1.3M
Net assets
$1.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fairfield Arts & Convention Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fairfield Arts & Convention Center: 14 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fairfield Arts & Convention Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fairfield Arts & Convention Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.2M (FY2016) to $1.3M (FY2023) across 6 reported years.
Financial snapshot
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$104K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,280,207▼17.4% | $1,287,462▲6.7% | $1,541,694▼0.5% | $1,645,372▼0.2% | 990 |
| 2022 | $1,549,355▲14.0% | $1,206,167▲8.0% | $1,548,949▲28.5% | $1,648,284▲2.7% | 990 |
| 2021 | $1,358,734▲100% | $1,116,826▲182% | $1,205,389▲25.1% | $1,605,000▲38.4% | 990 |
| 2020 | $678,956▼56.5% | $396,596▼62.2% | $963,619▲9.7% | $1,159,826▲16.6% | 990 |
| 2017 | $1,560,042▲29.4% | $1,050,523▼6.8% | $878,213▲104% | $994,823▲102% | 990 |
| 2016 | $1,206,031 | $1,126,735▼57.7% | $430,377▲27.3% | $493,394▲39.4% | 990 |
| 2011 | — | $2,665,808 | $338,102 | $353,996 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
17 grants to Fairfield Arts & Convention Center totaling $1.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Fdn of Greater Des Moines | Sponsorship of the christmas carol | 2024 | $20,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2024 | $8,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $150,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $25,500 |
| Community Fdn of Greater Des Moines | The nutcracker ballet sponsorship | 2023 | $16,374 |
| Donor Advised Charitable Giving | Human services | 2022 | $300,000 |
| Community Fdn of Greater Des Moines | Grant distribution for artists fees and show sponsorships | 2022 | $17,800 |
| Donor Advised Charitable Giving | Human services | 2021 | $595,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $25,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $25,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $5,400 |
| Community Fdn of Greater Des Moines | Grant distribution | 2017 | $12,000 |
| Community Fdn of Greater Des Moines | Overhead expenses | 2016 | $12,000 |
| Community Fdn of Greater Des Moines | Operations/maintenance expenses | 2015 | $22,123 |
Explore more
Data for Fairfield Arts & Convention Center (EIN 42-1471055) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.